VP, Commercial Banker II

Berkshire Bank • Boston, MA

12d

About The Position

Primary responsibilities include management of an assigned portfolio, monitoring of delinquent loans, and ensuring adherence to credit, compliance and operational policies. This position will also be responsible for business development efforts and evaluate the creditworthiness of existing customers as well as prospects and will prepare a comprehensive approval package for presentation to the appropriate loan approval authority.

Requirements

• Bachelor’s degree or equivalent
• Minimum of 5-10 years of commercial lending and underwriting/portfolio management experience
• Understand the commercial marketplace within the Bank’s target area
• Be well-versed with the Bank’s credit policy and guidelines
• Have familiarity with other products and services offered by the Bank, for cross-selling purposes
• Ability to communicate effectively in both an oral and written capacity
• Be willing to assume any other duties as may be required

Responsibilities

• New Business: This position will develop new business opportunities within the assigned portfolio and develop new business primarily from expanding upon assigned relationships as well as from transactions referred by senior business development bankers. Responsibility will include the underwriting of loans by analyzing financial information and related reports and the preparation and presentation of credit approval memorandums.  In addition, this position will document loan closings by ordering appraisals and environmental reports, issuing commitment letters, coordinating closings and overseeing the loan booking process in conjunction with the Commercial Loan Assistants. In addition to the development of loan opportunities the Banker will work to increase deposits from clients, and generate non-interest fee income through the appropriate recommendations of interest  risk hedging products, loan participation sales and referrals to partner organizations.
• Portfolio Management: Responsible for the ongoing maintenance and customer service of the assigned loan portfolio.   Monitor the ongoing credit quality of the portfolio and assess the credit quality of each relationship in accordance with policy including the completion of annual credit reviews and periodic renewals throughout the year. This position will be responsible for the accurate entry of information to track/monitor the status of the portfolio.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level